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Question 1. Would you say that price of fuel is a fixed or variable cost for an airline?
Question 2. Explain how technological advances that makes engines more fuel efficient change an airline's TP, AP and MP?
q1. the herbivores society is selling mini bbq vegetable burgers for 3.00 each. if each individual student has the
Take the following problem statement and see if you can come up with three “creative” solutions. Problem statement: “Customers too frequently use an airline and fly to a destination only to find out that their luggage has not arrived.”
What annual benefit is required for B/C = 1? Assume an interest rate of 8% and a perpetual life.
A city has decided to build a softball complex and the city council has already voted to fund the project at the level of $800,000 (initial capital equipment). The city engineer has collected the following financial information for the complex projec..
If banks operated under a 100 percent reserve system, commercial banks would not be able to create any further money. A vertical curve that defines the level of full-employment or potential output based on a given amount of resources, efficiency, and..
"What to YOU is Comedy?" What do you find funny? Can you give examples of stories, authors or other arts that you find humor? Also, WHY do you find those things funny?
q.briefly explain the current 2012 discretionary fiscal policies that are being used by the federal government to try
Should the government be rationing radio wave frequencies to ensure an efficient outcome in the broadcasting market in the presence of negative externalities from frequency overlap?
Consider the following distribution of income in a 12 person economy, with the modern urban wage=3, the traditional rural income=1 and the informal urban wage = 2: (1,2,3,1,2,3,1,2,31,2,1). the poverty line is at 1.3. What is the level of absolute po..
Do Monopolistically competitive firms generate a long-run profit? Why is a monopolistic competition said to be inefficient?
There has been extensive discussion of the "wealth effect." The argument goes that inflated stock values were partially responsible for the strong U.S. economy of the 1990's. Explain this linkage in words and then illustrate with an Aggregate Demand/..
2 companies are competing for output. The leader firm knows the market demand to be P=1200-Q. The demand for the other company is Q2=400-0.5Q1. Both companies are have marginal cost $200. How much output will the leader company produce?
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